KBFP LLP is a Licensed Public Accounting firm of Chartered Professional Accountants in Vaughan, Barrie & Orangeville that provides an array of accounting, tax, assurance and business advisory services to Canadian companies.

Our firm provides consulting services, audit, review and notice to reader engagements, financial projections, corporate and personal tax preparation, estate tax preparation, sale, acquisition and business startup services, accounting software implementation, and much more.

We have the skills and knowledge to provide any of the accounting, tax and assurance services to meet clients needs.

We will bring your accounting to a virtual level.  We will simplify and make you more efficient using the latest cloud based solutions and apps.




At KBFP, we offer qualified accountants for audits, reviews or compilations to meet the needs of your business.

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Estate and trust taxation is a very specialized practice.

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Even the most qualified managers can benefit from competent, objective feedback.

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At KBFP, we offer a wide range of accounting services tailored to the needs of our clients.

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Cloud Accounting
Go Virtual

Cloud Accounting is good for business and good for your bottom line.
You’ll operate more efficiently and you’ll save time and money. The cloud is virtual, paperless, and security protected.

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Cloud based accounting applications are here and are only getting better.  With the likes of QBO and XERO leading the charge.  There are countless 3rd party applications that digitize your accouting life.  For more information contact your local KBFP office.

The lifetime capital gains exemption on qualified small business shares has increased from $750,000 to $800,000 and indexed to inflation. If you are a small business owner contact us to find out how you can benefit from the exemption.

Statistics show that only 1/3 of all businesses transfer to the next generation and only 13% into the 3rd generation. If you have a business you would like to pass onto your children using the most efficient tax methods ask us about our recomended succession planning strategies.

Think you owe money to Canada Revenue Agency due to delinquent filings or reporting issues. Contact us to determine if you would be eligible to have the interest and penalties waived on owing.

KBFP can provide a business health check.  A business health check determines business performance as measured by its key performance indicators.  Let us show you the impact of every major business decision you will make before you make it. 



  • Tue, 19 Mar 2019 20:55:37 +0000

    Five new ways to save on your taxes in the Federal Budget

    Jamie Golombek: No tax rate cuts but a variety of tax goodies and incentives that might benefit you

  • Fri, 15 Mar 2019 17:35:16 +0000

    Canada’s income tax rates have become uncompetitive, and the economy will pay the price

    Jamie Golombek: High tax rates, which reduce the reward of earning more income, discourage people from engaging in productive economic activity

  • Fri, 15 Mar 2019 16:28:00 +0000

    Canada’s housing market headed for weakest year in almost decade, warns CREA in updated outlook

    Sales down 4.4% in February, prices down 5.2%

  • Fri, 15 Mar 2019 13:13:22 +0000

    This woman’s $16,000-a-month in spousal support ends at 65. She will need to make deep cuts to survive

    The good news is that she has significant assets, which will have to be harnessed to fund her retirement

  • Thu, 14 Mar 2019 14:45:09 +0000

    Canadian housing slump deepens with first drop in values in decades

    At same time households see their debt burdens rise to fresh record

  • Wed, 13 Mar 2019 18:43:16 +0000

    Canadian home prices just had worst February since the financial crisis

    Prices fall for the fifth straight month

  • Wed, 13 Mar 2019 10:00:09 +0000

    Here’s what it costs to live in a retirement home — and the bottom line is less than you might think

    Ted Rechtshaffen: While declining health can bring challenges, the financial impact doesn’t have to be too bad — or not nearly as bad as you thought

  • Tue, 12 Mar 2019 15:13:57 +0000

    For unmarried couples, splitting the house on separation is no sure thing

    Adam N. Black: Equalization of net family property does not apply to unmarried spouses in Ontario

  • Fri, 08 Mar 2019 16:23:22 +0000

    How not to claim employment expenses on your tax return

    Jamie Golombek: A tax case involving a film set 'best boy' illuminates how to properly claim work-related expenses your boss doesn’t cover

  • Fri, 08 Mar 2019 12:00:45 +0000

    Couple who bought a house three weeks before husband got the axe fear storm clouds ahead

    A tech worker in his 50s, Max did get another job, but had to take 30% pay cut

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Peter Koutroulakis




Robert Pellegrino CPA, CGA

905-761-8080 ext. 224



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